(1) Ensuring that adequate public facilities are available to serve new development;

(2) Maintaining a high quality of life in Covington by requiring that new development bear a proportionate share of the cost of capital facilities necessary to support planned land uses and does not decrease the level of service available to existing residents and businesses;

(3) Allowing recovery of the cost of completed public facilities to the extent that new growth is served by those facilities; and

(4) Ensuring fair collection and administration of such impact fees. (Ord. 16-16 § 1 (Exh. A))